Robohub.org
 

iRobot stock jumps 15% on Q1 earnings and 2013 projections

by
24 April 2013



share this:
irobot-stock-jumps-on-q1-news2

iRobot’s stock (ISRG:NASDAQ) jumped 15% today on yesterday’s earnings report which exceeded analysts’ expectations for both the quarterly earnings and the annual projections.

“We kicked off 2013 with an outstanding quarter,” said Colin Angle, chairman and chief executive of iRobot in a statement. “The results and outlook for our home Robot business are excellent.”

Domestic home robot revenue grew 44% in Q1 representing 14% year-over-year increase. International home robot revenue was $61.3 million (66% of total for quarter).

“The DoD announced a $14.4 million order for FirstLook robots during the quarter which gives us confidence in achieving our full year expectations.”

Source: Bloomberg Businessweek via The Robot Report.



tags: , , , , , , , ,


Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.
Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.





Related posts :



ep.

352

podcast

Robotics Grasping and Manipulation Competition Spotlight, with Yu Sun

Yu Sun, previous chair of the Robotics Grasping and Manipulation Competition, speaks on the value that this competition brought to the robotics community.
21 May 2022, by
ep.

351

podcast

Early Days of ICRA Competitions, with Bill Smart

Bill Smart, one fo the early ICRA Competition Chairs, dives into the high-level decisions involved with creating a meaningful competition.
21 May 2022, by

New imaging method makes tiny robots visible in the body

Microrobots have the potential to revolutionize medicine. Researchers at the Max Planck ETH Centre for Learning Systems have now developed an imaging technique that for the first time recognises cell-​sized microrobots individually and at high resolution in a living organism.
20 May 2022, by

A draft open standard for an Ethical Black Box

Within the RoboTIPS project, we have developed and tested several model of Ethical Black Boxes, including one for an e-puck robot, and another for the MIRO robot.
19 May 2022, by

Unable to attend #ICRA2022 for accessibility issues? Or just curious to see robots?

There are many things that can make it difficult to attend an in person conference in the United States and so the ICRA Organizing Committee, the IEEE Robotics and Automation Society and OhmniLabs would like to help you attend ICRA virtually.
17 May 2022, by
ep.

350

podcast

Duckietown Competition Spotlight, with Dr Liam Paull

Dr. Liam Paull, cofounder of the Duckietown competition talks about the only robotics competition where Rubber Duckies are the passengers on an autonomous driving track.
17 May 2022, by





©2021 - ROBOTS Association


 












©2021 - ROBOTS Association